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Apr 24, 2013
04/13
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you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a guy who keeps his word and this is a guy who takes advantage of little people. >> talk a little icon, talk a little herbalife. we're going to ask jim to weigh in, as well. we're back in two minutes. [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through april 30th. [ agent smith ] i've found software that intrigues me. it appears it's
you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com acceler-rental. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "squawk." let's get down to the new york stock exchange. our good friend jim cramer joins us now. good morning, jim. if jim is there. there he is. do you hear jim? >> no, there's no audio. now do you hear us? we are here on the tv. here we are. i don't know if we can get to jim or not, but it sounds like we can't. in the meantime, we'll go to a break, come back and see what we can do. >>> when we come back we'll talk about the stock of the day. we'll be right back. ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core.
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com acceler-rental. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> welcome...
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Apr 24, 2013
04/13
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they're going to get rid of the l & g tax break, aren't they? >> right now, i don't know if we can count on having a tax incentive for this year. >> to keep that so it makes it the btu equivalent is the bad for you. >> this is insane. >> it is insane. >> so the government, today to use a clean domestic fuel produced in america, we pay more on federal highway tax than the imported diesel. 18 cents a gallon. >> who is your backer in congress who understands -- >> well, we're working it, jim, i hope somebody is watching it tonight. we got to get that fixed. it isn't a big number today. it puts us at a disadvantage. it needs to get fixed. >> i think of trucking. i think of fedex and ups. fedex right here, in the heart of gold, they're skeptical. i might as well say, listen, that's a bad idea. >> listen, fred smith is a great put a. >> ceo. >> ceo, we love him. >> we love him. >> he basically said, i'm going to electrifify my fleet. >> by the way, they have 90,000 vehicles and he said publicly we are going to gasify. i was on a panel with bill today
they're going to get rid of the l & g tax break, aren't they? >> right now, i don't know if we can count on having a tax incentive for this year. >> to keep that so it makes it the btu equivalent is the bad for you. >> this is insane. >> it is insane. >> so the government, today to use a clean domestic fuel produced in america, we pay more on federal highway tax than the imported diesel. 18 cents a gallon. >> who is your backer in congress who understands...
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Apr 23, 2013
04/13
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we've got a phenomenal house in houston, no taxes, great unemployment, we've got a great house in coronado, small but fabulous, and better unemployment, 5%. okay? but i have to tell you, how do you overlook the fact that one house is 4,400 square feet in houston and the other house is only 1,000 square feet. >> that's a huge difference. >> yeah. >> so between the english manor or the cozy cottage, the winner is? >> the english manor. >> because of the size? >> exactly, it's livability. really, a thousand square feet is tough to live in. people do it, i've done it, but it's tough. >> real estate really coming back. >> this has all been real estate porn all day. >> real estate porn, all right. we will leave it there. i don't know exactly what that means, real estate porn. do you want to explain that real quick? >> people love to watch real estate. >> they do, that i get. >> and porn. >> yeah, that's one of the most successful things on the internet right now. >> exactly. always a fabulous guest and winner, dolly lenz. >>> up next, make or break for apple. the technology giant out any minute
we've got a phenomenal house in houston, no taxes, great unemployment, we've got a great house in coronado, small but fabulous, and better unemployment, 5%. okay? but i have to tell you, how do you overlook the fact that one house is 4,400 square feet in houston and the other house is only 1,000 square feet. >> that's a huge difference. >> yeah. >> so between the english manor or the cozy cottage, the winner is? >> the english manor. >> because of the size?...
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Apr 16, 2013
04/13
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is this a tax day revolt, patriot day revolt? characterize it some more for us. what does a domestic terrorist mean? >> if i was going to put money on it, i would say it is somebody who would call themselves a militia, patriot, tax day rebellion person. could be clear, it could, of course, be some self radicalized who is upset about foreign events and internationally. but the linkage to an international group and to, again, for example, training overseas and pakistan and north africa or yemen, it seems very unlikely there is something on that scale that's happened in this particular event. >> it seems to me that this is a little bit premature. we've had this after previous terrorist attacks where there is this rush to blame necessarily, you know, right wing militia groups. but in fact doesn't turn out that way. and there have certainly been al qaeda sympathizers or radical islamists who may not be officially attached who have little professional expertise in their failed attempts, their thwarted attempts at terrorism. so to conclude simply because it wasn't -- di
is this a tax day revolt, patriot day revolt? characterize it some more for us. what does a domestic terrorist mean? >> if i was going to put money on it, i would say it is somebody who would call themselves a militia, patriot, tax day rebellion person. could be clear, it could, of course, be some self radicalized who is upset about foreign events and internationally. but the linkage to an international group and to, again, for example, training overseas and pakistan and north africa or...
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Apr 24, 2013
04/13
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i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly, larry, in washington, much of the economics profession as well does not understand that investment is the mother's milk of pros period of time. without investment, you don't get a higher standard of link. trying to put caps on capitalization is ridiculous. we should be moving back through the flat tax or other reforms and in terms of what the president proposed on 401 ks, larry, you know and i know that's the beginning. first of all, they lied no us about social security, they are double taxed. we were told they would not be taxed when we were retired. they've moved back on that promi
i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly,...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >> announcer: lightning round is sponsored by td ameritrade. >>> it is time, and it is time for the lightning round on cramer's "mad money," and taking the calls rapid fire. >> buy, buy, buy. >> sell, sell, sell. >> and i will tell you whether to buy, buy, buy or sell, sell, sell, and just so you know i don't know the questions ahead of time, and my staff prepares the questions on the fly, and when you hear this sound, it is time to move on to the next round. time to take some calls and people who want to know about the stocks. doug in michigan. >> caller: hi, jim. this is doug, and i want to know what you think of the futures of the financial situation with kcap financial. >> i know kcap and yields the same as anly, and i think that you should switch out of kcap and go the anly. donna texas. >> caller: boo-yah,
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >> announcer: lightning round is sponsored by td ameritrade. >>> it is time, and it is time for the lightning round on cramer's "mad money," and taking the calls rapid fire. >> buy, buy,...
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Apr 18, 2013
04/13
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you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that and i think they're still confidence-rich -- confidence-poor -- confidence-r. >> i lov that phrase, and i have gave you credit of late. military, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because of sequester. >> sure, sure. one of the things about snap-on, for years we focused on auto repair. but what we've been doing lately is rolling the snap-on brand out of the garage to critical industries where the penalty for failure is high. >> aerospace. >> aerospace, military. one of the first places we went to is military. and we built a big business there. it's been down, but aerospace is coming up. aerospace and natural resources is what double digits in the quarter for us. i was just at an aerospace facility in indianapolis. 800 technicians, 800 technicians there. i was
you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that and i think they're still confidence-rich -- confidence-poor -- confidence-r. >> i lov that phrase, and i have gave you credit of late. military, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because...
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Apr 20, 2013
04/13
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if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the market. >> okay. >> caller: and i've been watching the show and reading the mad money book, which has been very helpful. >> thank you. >> caller: my question is, when i'm doing valuations for companies that i'm interested in and i'm calculating ppgs, which eps number should i use and which growth percentage should i use? is it previous quarter or previous year or is it the estimates for the next quarter or the next year? >> okay. when you're doing the price earnings ratios, i always like to look at the forward, in other words, next year. i don't like to look at historic because that doesn't make it. you have to go and
if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the...
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Apr 23, 2013
04/13
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yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is expanding gross margins and higher earnings. and as lacking as mcdonald's might be, they are a technical marvel in their own ability to deliver, well, what i had this morning on the set on "squawk on the street." a healthy egg mcmuffin with much less cholesterol because it was made with egg whites. don't laugh! don't laugh. you have to understand what the stock market really wants right now. it wants consistent, higher earnings with a consistent increase in dividend. apple gives you only the latter, not the former. the market wants visible innovation that can move the needle. apple does not have that yet,
yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is...
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Apr 21, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of thin >>> the month of march saw a big slump in economic indicators. like retail sales, consumer confidence all slipping. was march just an air pocket, a blip, or is the economy slowing down again? joining me now is financial economist lindsay and brian westberry. lindsay, we've had these green shoots pop up in the first part of every year for four or five years. and then they go away. is this another sign of that? >> there's certainly no doubt january and february were quite robust. now we're starting to see weakness
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 20, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of things to come? for singing definitely dry mouth has been a problem for me. but i'm also oa lot of medications that dry my mouth out. i just drank tons of water all the time. was never enough. i wasn't sure i was going to be ab to continue singing. i saw my ntist and he suggested biotene. it feels refreshing. my mouth felt moreubricated. i use the biotene rinse twice a day d then i use the y throughout the day. it actually saved my career in a way. because biotene really did make a difference. >>> the month of march s
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 18, 2013
04/13
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click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... omnipotent of opportunity. you know how to mix business... with business. and y
click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having...
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Apr 22, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temrary slump? with the spark miles card from capital one, bjorn earns unlimited rewas for s small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in y
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 23, 2013
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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Apr 24, 2013
04/13
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would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries with high ratings so perhaps if apple goes forward with issuing a bond it may be well received by the street. >> a lot of people discussing if you don't like the stock if you would go ahead and buy an apple bond. seema, thank you. and whirlpool is falling today after first quarter sales did disappoint the street. we'll get the ceo's reaction to the numbers when jeff fetting joins us after the break. >> hey, rick. >> absolutely. we're going to hit it from another angle. we're going to talk to an expert. joe will be coming up in about ten minute
would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries...
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Apr 23, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm disappointing, but more positive earnings from escona. apple is getting set to report much anticipated results around noon. analysts get set for a shrink for the first time in aek did aid. >> your data alert out of britain, that compare bes a 15.5 billion establishment and $16.7 billion a year ago. as britain's finances come more and more into focus, the question then becomes what these levels will continue to look like. chris williamson is still here. we're seeing a sell-off in sterling by 15.1%. how does that drive with your expectations? >> it's a little better than the market was expecting. and importantly, this
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm...
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Apr 23, 2013
04/13
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...
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Apr 23, 2013
04/13
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we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're making great progress. automotive. in china, builds were up 12% year over year. in other areas that are infrastructure related, they have been lagging 6% to 9%. things about transformers or motors or generators. we see a lot of indication that's starting to loosen up and improve. >> i'm a nascar fan. i'm a jeff gordon fan. he's my favorite driver. i'm starting to see your name a little bit less on the 24 car. which makes me think automotive paint not where you need to be. i'm surprised by that given the automotive industry has done so well. w
we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping with the sharp fall in commodity demand. shares are higher this morning 1.74%. i want to get a thought here from martin hennecke. martin, what do you do with iron ore here despite the declines we've seen across the board for the commodity complex? >> it's a great time to manipulate because it has been monolithic growth on those metals and you see the physical buyers really moving in very strongly, for example, in china there because of, really, jewelry sales and it's taking off these days. that's vary clear buy. iron ore, the picture is somewhat more difficult. on the one hand, you have still reasonably
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping...
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Apr 18, 2013
04/13
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mortgages are a great bargain under the tax code. >> it's extraordinary. >> are they going to get rid of the deduction? mortgage deduction? >> i don't think so. it by far impacts middle america more than anyone else. if they tweak it, it will be on the edge. but listen, mortgage interest deduction has been around over 100 years. i don't believe it's going anywhere. >> demand outstripping supply in your last conference call. you said that. even better now? >> it is. >> is there a housing shortage, sir? >> absolutely. >> there is? >> it's worse than any of us imagined. >> what states? >> let's look at new york city as an example. there are no inventory. >> people are knocking on people's doors who do not have signs. i'm not kidding. >> i know. i know that to be the -- we tell them to do it. they're literally trying to convince you to sell. now, the seller's got to convince themselves that they can actually get the price they want. and that is starting to change. i mean, you're seeing extraordinary price increases. we have markets where prices are increasing 25%, 30%, and they're still b
mortgages are a great bargain under the tax code. >> it's extraordinary. >> are they going to get rid of the deduction? mortgage deduction? >> i don't think so. it by far impacts middle america more than anyone else. if they tweak it, it will be on the edge. but listen, mortgage interest deduction has been around over 100 years. i don't believe it's going anywhere. >> demand outstripping supply in your last conference call. you said that. even better now? >> it is....
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Apr 17, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better way. it's how we've grown into america's largest domestic airline. we are southwest. welcome aboard. >>> all right. maybe this market's lost some of its exuberance over the past few days. maybe we haven't been seeing some of those record highs that become so common that they're almost yawn-worthy. commodities have gotten hammered. and you definitely want to cry when you look at a gold chart or even an oil one. west texas closes at 86. but we also got some super housing start data this week, which is all great news all around. and all because housing punches above its weight in terms of the econo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better...
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Apr 22, 2013
04/13
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CNBC
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eye 93
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ticking] >> having become a part of so many lives, facebook's creation is now the fodder of myths, the subject of lawsuits, a number of books, and the social network, an award-winning 2010 movie, all fo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get...
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Apr 18, 2013
04/13
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CNBC
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eye 53
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tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is that the core business is still in that kind of high teen to 20% growth with stable margins, ebitda margin in the mid-30s range. i think to the point of jon mentioning enhanced campaign, they're trying to equalize the money that advertisers are spending on mobile as it relates to desk top. i think that's starting to work. we saw that a little bit with yahoo. i think we're going to see that with facebook in a couple of weeks. mobile advertising may be in the infancy is really starting to work and that was part of wha
tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is...
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Apr 16, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back to "fast money," i'm bertha coombs. i want to update you on the latest update from officials in boston on the boston marathon bombing. fbi special agent in charge says they have sifted through some 2,000 tips so far. he talked about the bomb. what went on in the making of those explosive devices. he said they were encased in pressure cookers and he detailed what they have gathered so far from the forensic evidence. >> among items partially recovered are pieces of black nylon which could be from a backpack. and what appear to be fragments of bbs and nails possibly contained in a pressure cook
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>>...
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Apr 17, 2013
04/13
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CNBC
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eye 271
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] here at optionsxpress, our clients really seem to appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. hey ray, my uncle wanted to say thanks for idea hub. o well tell him i said you're welcome. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. yea, and these ideas are across the board -- bullish, bearish and neutral. i think you need a bigger desk, pal. another one? traders love our trading patterns, now with options patterns. what's not to love? they see what others are trading -- like the day's top 10 options trades by volume -- a
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] here at optionsxpress, our clients really seem to appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries...
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Apr 24, 2013
04/13
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CNBC
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doing a lot taxes the creative side of it. so monday night, just two nights ago, we premiered you mentioned it on sundance, a series called rectify, which is from the producers of "breaking bad." >> i am told -- this is -- the edge, the bleeding edge, this is going to be the next big -- >> "the killing" season three is coming back. >> have you seen "the killing"? >> i haven't. i want to ask about netflix and thinking about "house of cards" and this idea of binge viewing. people binge view -- >> i've binged. >> on "breaking bad" or "walking dead." >> i dvred the entire season. the whole thing and watched that if three days. >> i think the model of releasing an entire series at once makes sense because like "house of cards" had a lot of buzz, but people didn't have the same shared experience on monday morning when we can all talk about it. >> so we just with "rectify," which we talked about monday night, we actually put it on demand, two episodes before it went on to premiere so people could mini binge. we actually put it in 16
doing a lot taxes the creative side of it. so monday night, just two nights ago, we premiered you mentioned it on sundance, a series called rectify, which is from the producers of "breaking bad." >> i am told -- this is -- the edge, the bleeding edge, this is going to be the next big -- >> "the killing" season three is coming back. >> have you seen "the killing"? >> i haven't. i want to ask about netflix and thinking about "house of...
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Apr 22, 2013
04/13
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CNBC
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but are you going to have to raise prices because of this tax? >> no. we expect it's fwoing to be absorbed in the business. you think about the pressure that's on health care right now. we don't think it's necessarily going to be able to be passed through. so as a result we're going to have to be more effective, more efficient. we think there's still a tremendous opportunity for us not only here in the developed markets like the united states but particularly in emerging markets as well. >> where many emerging markets are big opportunities? are you talking about a place like china where you're seeing 7%, 8% growth? india? where are the real exciting opportunities? i guess latin america is also something to discuss. >> we're investing disproportionately in the emerging markets, particularly in places like china. when you think about the opportunity, right now there's about 150 million people in the s-1, premium market. we see that probably expanding by three-fold over the next 10 to 20 years. over there as well, when you've got the emerging middle class
but are you going to have to raise prices because of this tax? >> no. we expect it's fwoing to be absorbed in the business. you think about the pressure that's on health care right now. we don't think it's necessarily going to be able to be passed through. so as a result we're going to have to be more effective, more efficient. we think there's still a tremendous opportunity for us not only here in the developed markets like the united states but particularly in emerging markets as well....
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Apr 22, 2013
04/13
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CNBC
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as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> about >>> about an hour into trading and some of the stories we're squawking about. existing home sa
as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov...
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Apr 22, 2013
04/13
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CNBC
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we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and
we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for...
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Apr 23, 2013
04/13
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CNBC
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yes, payroll taxes are higher. our savings rates are a bit lower, but consumers are spending at higher levels this spring than they did last spring. >> so you don't see a slowdown? >> not at all. and in our category, especially not. >> what about currency translation? you have this race to the bottom, many central banks around the world are adding liquidity. japan, very prominently is doing that right now. that's got to hurt a company like yours, trying to sell goods overseas. >> it's hurt us modestly. in constant currency, as an example, our sales are off up 1 but because of the chain of reduction in the volume, we're only up 7%. it's impacted us a few cents ton bottom line as well. but we do some hedging and we are very diversified. >> what can you tell us about japan? it seems that's all we're talking about in terms of the market activity there, huge rallies, all the stimulus from the central bank there. what are you seeing on the ground in terms of the consumer in japan right now? >> pretty much, the same that
yes, payroll taxes are higher. our savings rates are a bit lower, but consumers are spending at higher levels this spring than they did last spring. >> so you don't see a slowdown? >> not at all. and in our category, especially not. >> what about currency translation? you have this race to the bottom, many central banks around the world are adding liquidity. japan, very prominently is doing that right now. that's got to hurt a company like yours, trying to sell goods overseas....
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Apr 16, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is reporting. we're going to look at case volume and everything else. looks like the the adjusted number is 46 cents a chair versus expectations of 45 cents. >> gown from 11.4 billion in the year ago period. now, we're also going to give you all of these case volume estimates and we'll try to figure out all the different parts of the world that we're looking for. worldwide looking for case volume up 3.1% in north america. the company says for the first quarter it was 4%. first quarter 4%. >> there's a big announcement the company put out 10 minutes ago saying they are taking steps with five of the bottling partners
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is...
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544
Apr 24, 2013
04/13
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CNBC
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would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts? >> let's talk with max wolf, back with us, and scott stein is senior editor with cnet.com. so max, tim cook admits that apple is a mature technology company. they're increasing the dividend, they have this massive buyback to put some of this cash to work. can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good cha
would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts?...
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Apr 17, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell, and the earnings have been checkered. europe, though, has had a dramatic morning especially the dax. >> look, europe is -- if they're not going do anything to
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together...
SFGTV: San Francisco Government Television
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Apr 16, 2013
04/13
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SFGTV
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forward forming our business tax. we were able to put that 09ctionv ballot and it passed overwhelmingly. the debate on tics has been going on for a long time and it's one of those eternal debates at city hall. and i am pleased that we potentially have a resolution that will balance the needs of our many citizens this this -- or many residents, i should say, of this city, whether renters or tic owners, being able to find that common ground. ~ in this i will note to those who have been critical of the legislation that supervisor farrell and i introduced, i'll be honest, i didn't see very much dialogue about how to move forward to resolution before the legislation was actually pending. sides were extremely polarized and there was no -- i don't think that there was any meaningful discussion of how do we come up with some sort of legislation that everyone can live with and move forward. we now potentially have that. and sometimes even though ideally you want to work things out and come forward and introduce legislation tha
forward forming our business tax. we were able to put that 09ctionv ballot and it passed overwhelmingly. the debate on tics has been going on for a long time and it's one of those eternal debates at city hall. and i am pleased that we potentially have a resolution that will balance the needs of our many citizens this this -- or many residents, i should say, of this city, whether renters or tic owners, being able to find that common ground. ~ in this i will note to those who have been critical...
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Apr 23, 2013
04/13
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KQED
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 16, 2013
04/13
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MSNBCW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> patriots day is a state holiday in massachusetts, in boston it's an annual celebration. schools and businesses closed, the red sox played 11:00 a.m. and runners in the nation's oldest marathon take to the city streets. it is a tradition that dates back to the start of the revolutionary war at lexing
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be...
91
91
Apr 16, 2013
04/13
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FBC
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eye 91
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income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise taxes. people pay sales taxes all day long. so many taxes. i need a drink. i am lucky i don't smoke. this is one reason american economic growth has stalled says scott hodge predent of the tax foundation. when i think of these rules i think of safety regulations and the constant spiderweb not the tax code. we have done okay with the tax code. >> the tax code is a mess because of the 70,000 pages that dictate virtually every aspect of our lives and cost americans 6 billion hours of our time just toomply. six out
income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise...
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464
Apr 16, 2013
04/13
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WBFF
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eye 464
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axed < we wwo live in altimore county re taxed to the iit."> <""e coostantly ffnn that our thinn peeple reccgnize ttey neeedto improve he envirooment,,but we are just dealing with aasteady trramm pf taxx toll and ee innreasess in this state and i think ppoppe are just taxee and feed county... thooe on their annual . ppopprtyytax bill...// anndtte average ccmmercial propprty... anyywhre from 4- p3 forget werving to avoid hitting deer.where you'll have to stop complettly ffr thess guys. and one man speaks oo his uniiue relationship withha &ptouch for so longg p33 --adblii wwather tz-- ,3&p swerring.. to aavid... ii lorida... drivvng... over... giant african ssails... like thees... can... puncture tires...///..nd... they're... ow problem... for thh state...//. the snails... ccn grow... problem... for thh state...//. the snails... ccn grow... & a eadly parasite..../. experts... pay... theesnaal...s goo o ride... aboard... incoming travvler's uggage...///. trappers ...are now moving &&p- rract to story....- - toss to ytas.. ww're saying thank you
axed < we wwo live in altimore county re taxed to the iit.">
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Apr 16, 2013
04/13
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WBAL
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eye 138
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malone, urgen does not mind paying taxes. >> and tomorrow morning is skittish market? >> i would think so. we still have a lot of questions that are unanswered. >> we will make the calls tonight and try to figure it out and put something together to what it will be like at 9:00 when i see you next on "squawk on the street." >> look forward as always. >> david, you are the only guy to explain it to me,ed a it is pretty amazing what this man is trying to accomplish. thank you so much. "mad money" is back after the break. >> coming up, perfect prescription, and there was a boost of positive news hit the streets for a prescription. cramer will talk to the ceo next. [ coughs ] [ angry gibberish ] i took something for my sinuses, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ oh, what a relief it is [ angry gibberish ] we can afford to take an extra trip this year. first
malone, urgen does not mind paying taxes. >> and tomorrow morning is skittish market? >> i would think so. we still have a lot of questions that are unanswered. >> we will make the calls tonight and try to figure it out and put something together to what it will be like at 9:00 when i see you next on "squawk on the street." >> look forward as always. >> david, you are the only guy to explain it to me,ed a it is pretty amazing what this man is trying to...
SFGTV: San Francisco Government Television
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Apr 24, 2013
04/13
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SFGTV
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between the funds and the local funds that are primarily sales tax and transit fares and it is two-thirds of the money. and the down side of course is that has been some what of a necessity because of the lack of investment and sacramento and washington and the good news is that when you raise your own money, and you can write your own rules and that is something that we have done to the benefit and not done a lot of highways in the area and you tear them down more than you build them and we need to
between the funds and the local funds that are primarily sales tax and transit fares and it is two-thirds of the money. and the down side of course is that has been some what of a necessity because of the lack of investment and sacramento and washington and the good news is that when you raise your own money, and you can write your own rules and that is something that we have done to the benefit and not done a lot of highways in the area and you tear them down more than you build them and we...
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Apr 16, 2013
04/13
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CURRENT
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there is a lot of talk of patriotism, and tax day this could be a tax kook tea party person. but when there were more bombs on neighboring streets it started turning. what is interesting to me, in the talk radio world that i'm in i'm a conservative talk show host, people are quick for the "why," they want to run to the conclusions. today with my audience we were focused on the what. i went went to posting information as it's coming. as we speak there were reports that there were there is a person of interest. that report has been given denied half a dozen times today. the number of injured, 29 to 109. people today were not in the question of why are we here but what the heck is going on which reflects another interesting mind shift. the post 9/11, i don't know if you want to call it instant panic or the very ready to think the worst of the worst. i think it's interesting how we've gone past that. people are ready to acknowledge what could be just some lone nut, some guy with a personal issue, a girlfriend, disgruntled student. there are a lot of reasons why this would happen.
there is a lot of talk of patriotism, and tax day this could be a tax kook tea party person. but when there were more bombs on neighboring streets it started turning. what is interesting to me, in the talk radio world that i'm in i'm a conservative talk show host, people are quick for the "why," they want to run to the conclusions. today with my audience we were focused on the what. i went went to posting information as it's coming. as we speak there were reports that there were there...
SFGTV: San Francisco Government Television
44
44
Apr 23, 2013
04/13
by
SFGTV
tv
eye 44
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between the funds and the local funds that are primarily sales tax and transit fares and it is two-thirds of the money. and the down side of course is that has been some what of a necessity because of the lack of investment and sacramento and washington and the good news is that when you raise your own money, and you can write your own rules and that is something that we have done to the benefit and not done a lot of highways in the area and you tear them down more than you build them and we need to invest in the transit and we need to invest in the bicycle modes and when we generate a lot of money we have a better time doing that when we deal with the federal or the state rule book. and we tend to divide this money in this planning exercise, into two different pots, pretty much just to cut to the chase because a lot of the money about 80 percent of the money that we call committed is committed to the specific purposes by law and long standing policy as most of the money that you can see in this slide is main nens of the existing system and 90 percent of this money is going to maintain ou
between the funds and the local funds that are primarily sales tax and transit fares and it is two-thirds of the money. and the down side of course is that has been some what of a necessity because of the lack of investment and sacramento and washington and the good news is that when you raise your own money, and you can write your own rules and that is something that we have done to the benefit and not done a lot of highways in the area and you tear them down more than you build them and we...